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Iran’s trade balance with 89 countries positive in H1

Iran Materials 11 October 2013 17:41 (UTC +04:00)

Azerbaijan, Baku, Oct.11/ Trend, R. Zamanov

Iran exported 17.972 billion dollars worth of non-oil goods (including gas condensates) in the first six months of the current Iranian calendar year, which began March 21, the country's Customs Administration reported.

Iran's exports dipped 9.41 percent in terms of weight, and a 13.59 percent decrease in terms of value, the Fars News Agency reported.

Exports of gas condensates and petrochemicals accounted for $3.385 billion and $4.841 billion of the mentioned amount, respectively.

Iran's exports to India and China increased by 155 and 18 per cent, respectively in the mentioned period.

It is while the county's exports to Iraq, the United Arab Emirates, Afghanistan and other countries decreased by 3, 33, 11, and 18 per cent, respectively.

Iran's trade balance with 89 countries was positive during the mentioned period.

Iran also imported 13.241 million tons of goods worth 19.935 billion dollars in the first half of the current year.

Deputy Director of the Trade Promotion Organisation of Iran, Kioumars Fathollah Kermanshahi said on Septeber 27 that Iran will not be able to achieve the previously-set goal of 59 billion dollars for exports in the current Iranian calendar year (to end March 20, 2014).

"Iran plans to export $41 billion worth of goods and $18 billion worth of technical and engineering services in the current year," the ISNA News Agency quoted Kermanshahi as saying.

Former Director of the Trade Promotion Organisation of Iran Hamid Safdel said on September 22 that Iran's non-oil exports will rise in the second half of the current Iranian calendar year.

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